The paper estimates the value a mother assigns to own health relative to child health. Estimation of relative health valuation requires the decomposition of a child health improvement into its direct effect on the child's health and its indirect effect, through improvements in maternal health....

We explore implications of the failure of the individual to behave in accordance with the predictions of the utility maximization paradigm for the application of consumer sovereignty principles to the valuation of environmental goods. A subjective probability framework is used to develop an...